1. India's bio-economy contributes about 4.25% to the GDP in India.
2. BioE3 promotes regenerative bio-manufacturing and supports a circular bio-economy aligned with India's net-zero goals.
Which of the statements given above is/are correct?
To determine the correctness of the statements regarding India's bio-economy and BioE3, let's analyze each statement individually:
Statement 1: "India's bio-economy contributes about 4.25% to the GDP in India."
- This statement is based on data about India's bio-economy, which includes sectors like biotechnology, pharmaceuticals, agriculture, and bio-manufacturing.
- Recent reports on India's bio-economy indicate a significant contribution to GDP, with a percentage in this range being plausible as per government reports and industry data sources.
- Thus, this statement appears to be correct.
Statement 2: "BioE3 promotes regenerative bio-manufacturing and supports a circular bio-economy aligned with India's net-zero goals."
- BioE3 is a government or industry initiative focusing on sustainable and regenerative bio-manufacturing practices, which are key for circular economy strategies.
- This aligns with the broader national efforts towards achieving net-zero emissions and sustainable growth goals.
- Hence, this statement is also accurate, given current policy directions and industry trends.
Conclusion
Both statements are correct because they accurately reflect the ongoing developments and contributions of the bio-economy in India and initiatives like BioE3.
| Option | Description |
|---|---|
| 1 only | Only statement 1 is correct. |
| 2 only | Only statement 2 is correct. |
| Both 1 and 2 | Both statements 1 and 2 are correct. |
| Neither 1 nor 2 | Neither statement 1 nor 2 is correct. |
The correct answer is Both 1 and 2.
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When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which goods from India dominated the international textile markets before the age of mechanized industries?
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their:
